Starting a small business is a common dream, but it’s often surrounded by myths that can discourage aspiring entrepreneurs. Here, James Dooley, founder of FatRank, busts seven prevalent myths to empower future business owners with accurate information. Myth #1: You Need A Large Amount of Capital to Start a Business Reality: Contrary to popular belief, […]
Various digital social investments in Nigeria, through the Nigerian Communications Commission (NCC) were on showcase at the just-concluded 35th annual conference of the African Public Relations Association (APRA) in Abidjan, Côte d’Ivoire. Through a presentation by Dr. Omoniyi Ibietan, the head of Media Management Relations at the NCC, who later emerged as the Secretary-General of APRA after […]
Overview Amid challenging economic conditions across West Africa, Tizeti Network Limited, a leading solar-powered fixed internet service provider in the region, has announced its third consecutive annual dividend for the fiscal year ending December 31, 2023. The dividend rate is set at 0.03 kobo per share. Business Model and Expansion Tizeti’s success is attributed to […]
The International Financial Corporation stated that Africa needs to double its annual spending to $6 billion to enhance internet connectivity for more people and businesses. This investment will primarily focus on deploying additional fibre optic cables from the sea to urban areas and residences. Susan Lund, IFC’s vice president of Economics and Private Sector Development, […]
Open Access Data Centres (OADC), Africa’s fastest-growing data centre company, has announced that its hyperscale core facility in Isando, Johannesburg, has been awarded the prestigious Tier-III design certification by the globally recognized Uptime Institute. This certification is a significant milestone in OADC’s mission to establish and operate world-class, client-centric data centre facilities in South Africa […]
Partnership Overview Al Yah Satellite Communications Company (Yahsat), the UAE’s leading satellite solutions provider, has partnered with SATCOM Technologies to explore and develop new satellite communications opportunities in Zimbabwe. This collaboration represents a significant milestone in Yahsat’s ongoing expansion across the African continent. Strategic Goals and Economic Impact The partnership aims to enable key economic […]
Last Month, Techeconomy reported Elon Musk’s artificial intelligence platform, xAI, was raising a $6 billion Series B funding round, at an $18 billion valuation, one of the largest in the growing AI industry. Elon Musk’s AI startup, xAI, has successfully raised $6 billion in a Series B funding round, marking the largest AI funding to date. This […]
PwC Signs Deal with OpenAI, Becoming Largest Customer and First Reseller of Enterprise ChatGPT Accounting giant PwC has entered into an agreement with AI startup OpenAI, establishing itself as the largest customer and first reseller of OpenAI’s enterprise-focused ChatGPT product. This partnership aims to enhance how businesses approach artificial intelligence (AI) and integrate it into […]
Infinix, a trendy tech brand designed for young consumers, continues to make significant strides in mobile gaming. Its latest release, the Infinix GT 20 Pro, sets a new standard in the industry. This flagship device, part of the Infinix GT Verse, offers an unparalleled gaming experience with its innovative dual chips. It is the first […]
The University of Lagos (UNILAG), DaySpring School, and Marvelvine Montessori School, all based in Lagos, have emerged as winners in the tertiary, secondary, and primary school categories respectively at the 2024 Ecobank National Schools’ Team Chess Competition. The event, held at the Pan African Centre in Lagos, showcased a remarkable assembly of talent. Overview of […]